Follow the money:
$TAO 4-hour MACD death cross below the zero line. Indicators are all calculated from price, so to see where real money is flowing, you have to look at trading volume.
A death cross accompanied by rising volume indicates that some investors are actively cashing out. A death cross on declining volume is more likely to reflect hesitant buyers, and is relatively limited in strength.
What do you think?
$TAO 4-hour MACD death cross below the zero line. Indicators are all calculated from price, so to see where real money is flowing, you have to look at trading volume.
A death cross accompanied by rising volume indicates that some investors are actively cashing out. A death cross on declining volume is more likely to reflect hesitant buyers, and is relatively limited in strength.
What do you think?